Mid-Con Energy Partners, LP (NASDAQ: MCEP)

MCEP Technical Analysis

2.5

As on
31st Oct 2017 MCEP Share Price closed @
1.14 and we RECOMMENDStrong Sell
for LONG-TERM with Stoploss of
1.93 &
Strong Buy for SHORT-TERM with Stoploss of
1.05
we also expect STOCK to react on Following IMPORTANT LEVELS.

Mid-Con Energy Partners, LP is engaged the acquisition, exploitation and development of producing oil and natural gas properties in North America, with a focus on the Mid-Continent region of the United States. It operates as one business segment engaged in the exploration, development and production of oil and natural gas properties. Its properties are located in the Mid-Continent region of the United States in three core areas: Southern Oklahoma, Northeastern Oklahoma and parts of Oklahoma and Colorado within the Hugoton Basin. Its properties primarily consist of mature, legacy onshore oil reservoirs with long-lived, relatively predictable production profiles and low production decline rates. During June 2012, it acquired properties in the Northeastern Oklahoma area and additional working interests in its existing units in the Southern Oklahoma area in separate transactions, subject to customary purchase price.

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